H1 FY23 NBN result is worrying for the government. Reason: The uptake by new subscribers is nearly stagnant at 85Mn connected premises ( same as FY22 ) and is moving at a snail's pace. With NBNs net growth being negligible, suggesting forces of attrition are at play and with 10K customers switching to Starlink, it is not helping its cause either. NBN is facing severe headwinds from 5G, Starlink and other fixed-line players, hence there is a twofold push by them. One is to increase the wholesale price and the second is to get regulatory protection from ACC to guard their market share against 5G and other players. Today if NBN is sold it will get a price of $19 to $25 Bn ( the lower end is realistic ) which is less than the contributed equity of $29.5Bn. The government has committed to the electorate that it will upgrade FTTN/B to FTTC/P and increase the penetration of high-speed internet and make it affordable. Their intent is to make high-speed internet in Austra...